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The city of Atlanta recently increased their sales tax from 7.5% to 8%. How much more tax would you pay on a $10 purchase?

A$.01
B$.05
C$.07
D$.50

Verified Answer :

Answer is B
find how much tax you pay at both rates
10(0.075)=.75
10(0.08)=.8
then subtract
0.8-0.75=0.05
so the answer is B, you would pay $0.05 more

Answer

Find out the  how much more tax would you pay on a $10 purchase .

To prove

As given

The city of Atlanta recently increased their sales tax from 7.5% to 8%.

Purchase price = $10

7.5 % is written in the decimal form

\(= \frac{7.5}{100}\)

= 0.075

Tax price on $10 purchase price  when tax rate 7.5% = 0.075 × 10

                                                                                        =  0.75

8 % is written in the decimal form

@@MATH_TOKEN_1@@

= 0.08

Tax price on $10 purchase price  when tax rate 8 % = 0.08 × 10

                                                                                        =  0.8

Increase in tax price on $10 purchase = $0.8 - $0.75

                                                              = $ 0.05

Therefore increase in tax price on $10 purchase is $0.05

The option (B) is correct.

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